Housing costs in Frenchtown?
A typical home costs
$431,600, which is 27.7% more expensive than the national average of
$338,100 and 0.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Frenchtown costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Frenchtown?
To live comfortably in Frenchtown, New Jersey, a minimum annual income of
$82,800 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Frenchtown?
The cost of living in Frenchtown, NJ is relatively low compared to nearby larger cities. The median home price in Frenchtown is $290,000 which is lower than its neighboring towns of Flemington and Raritan. Property taxes are also among the lowest in the state at an average of only 1.45%. Groceries, transportation, and healthcare costs are also very affordable when compared to other areas. With its small-town charm and access to nearby metropolitan areas, Frenchtown offers residents a great balance between affordability and convenience.